Ghana: There Are Huge Investment Opportunities In West Africa’s Energy Sector–Amonoo-Neizer

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Ing. Oscar Amonoo-Neizer, Executive Secretary of the Energy Commission

The Executive Secretary of the Energy Commission, Ing Oscar Amonoo-Neizer, has called on foreign investors who are looking for a place to invest in the energy sector to turn to West Africa.

According to him, the West African sub-region is endowed with different energy resources notably natural gas, solar, wind and hydro.

He said there is demand for power in the sub-region and underscored the need to harness the various energy sources to make power accessible and affordable.

Currently, about fourteen countries in West Africa are interconnected with transmission lines to make power export or trading feasible.

Speaking at a press briefing ahead of the 9th Regional Electricity Forum scheduled between 24 and 25 July,2024, in Accra, capital of Ghana, Ing Amonoo-Neizer noted that the interconnection in West Africa is a major boost for power trading.

He assured that regulators in the various ECOWAS member states have put in place regulations to guarantee security of their investment.

 

Source: https://energynewsafrica.com